Kuwait- Ahli United Bank posts KD12.1mln in net profits for Q1 of 2014


(MENAFN- Kuwait News Agency (KUNA)) Ahli United Bank (AUB) of Kuwait posted Saturday KD12.1 million in net profits for the first quarter of 2014, up 10.9 percent year-on-year. In a press statement, the AUB noted that each share made gains estimated at 9.4 fils compared with 8.5 fils in the corresponding period of 2013. AUB Board Chairman Anwar Al-Mudhaf unveiled that AUB's total operating revenues reached KD24.8 million and total assets blossomed to KD3.37 billion vis-a-vis KD3.16 billion in the corresponding period of last year. He added that total deposits accounted for KD2.23 billion, up 6.6 percent year-on-year.


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